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abconsacco.com

Welcome To Abcon Sacco

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http://www.abconsacco.com/

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CONTACTS AT ABCONSACCO.COM

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Angela Kiama

PO Box●●●●●● 00100

Na●●bi , Kenya, 254

KE

254.●●●●3379
nj●●●●●●●●@yahoo.co.uk

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Website

Angela Kiama

PO Box●●●●●● 00100

Na●●bi , Kenya, 254

KE

254.●●●●3379
nj●●●●●●●●@yahoo.co.uk

View this contact

Website

Angela Kiama

PO Box●●●●●● 00100

Na●●bi , Kenya, 254

KE

254.●●●●3379
nj●●●●●●●●@yahoo.co.uk

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Welcome To Abcon Sacco | abconsacco.com Reviews

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1

Membership Eligibility

http://www.abconsacco.com/index.php/2011-06-13-09-13-35/2011-06-13-09-14-52/2011-06-13-09-20-51

A person of either sex shall be eligible for membership if he possesses the following qualifications:. Is within the field of membership consisting of the following common bond:. A) Is an employee of Affiliated Business Contacts (ABCON) Ltd, or any other strategic partner in collaboration with this Company. B) Is an employee of the SACCO. C) Is not less than 18 years of age. D) Is not a member of a similar cooperative in the country. E) Is of good and proven conduct. G) Is of good character and sound mind.

2

Rights & Obligations

http://www.abconsacco.com/index.php/2011-06-13-09-13-35/2011-06-13-09-15-38

Subject to these by-laws, policies, standards, values and procedures, all members shall have the. Right to use the society’s services and exercise the rights established by the Act, the rules and the by-laws. The members are entitled to, but not limited to:. A) Receive periodically and regularly, or upon request and at least once quarterly, a statement of account containing a record of the member’s credit and debit transactions. F) All other rights as prescribed by the Act and Rules. Total to be re-paid:.

3

Members Obligations

http://www.abconsacco.com/index.php/2011-06-13-09-13-35/2011-06-13-09-15-38/members-obligations

Members of the Sacco are obliged to:. A) Attend meetings and take part in decision making. B) Show good Co-operative spirit. C) Inform non-members and encourage them to join. D) Bring out problems affecting the Sacco and look for solutions. E) Participate in Sacco projects both physically and financially. F) Attend educational meetings and seminars organized by the Sacco or any other organizations approved by the management committee. H) Comply with the Act, Rules, By-laws and general meeting resolutions.

4

Savings Products

http://www.abconsacco.com/index.php/products-services/savings-products

Home loan Partnership plan. A member will pay opening fee of ksh.500. Or any other amount approved by the General meeting. Savings will attract 3% interest. Rate per annum subject to revision from time to time with the approval of the General meeting. The maturity date shall be as agreed upon. A member shall be required to give six months notice on any withdrawal before maturity or ksh. 5000 withdrawal charge. AKIBA (Fixed Deposit Account). Total to be re-paid:.

5

Membership Expulsion

http://www.abconsacco.com/index.php/2011-06-13-09-13-35/2011-06-13-09-14-52/2012-10-23-13-19-14

The general meeting may expel a member who:. Willfully refuses to comply with the society’s by-laws, policies and contract, and persists in such refusal or failure. Willfully defaults in the payment of loans or part payment due for a period exceeding one month. Acts in any way detrimental to the society’s interest or for other just cause. Is convicted in a court for criminal offense involving dishonesty or imprisoned for any other offense for three months or more. Total to be re-paid:. This email address...

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